Senior Housing News December 4, 2024
New Partnership to Fuel Financial Innovations, Delivering Flexible Solutions to Operators and Families
Sunbound, a leader in finance solutions for senior living, announced an investment from Live Oak Ventures, a wholly owned subsidiary of Live Oak Bancshares, to fuel innovations that support operators and families. This partnership strengthens Sunbound’s mission of enhancing financial stability for senior living operators, enabling them to streamline their financial processes and focus on resident care and family satisfaction.
Senior living operators spend significant time and effort dealing with manual and inefficient financial workflows, which hurts profitability and strains cash flow. Sunbound’s platform directly addresses these challenges with accounts receivable (AR) automation tools and flexible working capital solutions that simplify payments and increase cash flow. By...
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